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Daily Dispatches
Taiwan and New Zealand want their dollars down
Submitted by cpowell on Mon, 2013-10-07 09:26 Section: Daily DispatchesTaiwan Dollar Rally Seen Ending on Intervention, Market Reversal
From Bloomberg News
Monday, October 7, 2013
Trading patterns suggest the rally that drove the Taiwan dollar to an eight-month high will end on speculation that central bank Governor Perng Fai-nan will step up intervention to support exporters.
Gold price 'is bound to go through the roof'
Submitted by cpowell on Mon, 2013-10-07 09:15 Section: Daily DispatchesBy Brendan Ryan
Business Day, Johannesburg
Monday, October 7, 2013
http://www.bdlive.co.za/markets/2013/10/07/gold-price-is-bound-to-go-thr...
Gold bulls have had it rough this year but many would have found solace in the Precious Metals Round Table web-based conference call and presentation held recently by Sprott Asset Management.
Switzerland probes banks over possible forex rigging
Submitted by cpowell on Fri, 2013-10-04 21:45 Section: Daily DispatchesBy Caroline Copley and Albert Schmieder
Reuters
Friday, October 4, 2013
ZURICH -- Switzerland's financial markets regulator is working with authorities in other countries to investigate possible manipulation in the $5 trillion-a-day foreign exchange market potentially involving multiple banks.
Sinclair plans Q&A seminar outside Washington on Oct. 19
Submitted by cpowell on Fri, 2013-10-04 21:21 Section: Daily Dispatches9:20a HKT Saturday, October 5, 2013
Dear Friend of GATA and Gold:
Fed has destroyed price discovery, Stockman tells KWN
Submitted by cpowell on Fri, 2013-10-04 21:13 Section: Daily Dispatches9:12a HKT Saturday, October 5, 2013
Dear Friend of GATA and Gold:
Former U.S. budget director David Stockman tells King World News that the Federal Reserve "has destroyed any kind of honest price discovery" and that the potential rise of the gold price is "unfathomable." An excerpt from the interview is posted at the King World News blog here:
Brett Arends: Why Uncle Sam is hoarding gold
Submitted by cpowell on Fri, 2013-10-04 12:33 Section: Daily DispatchesBy Brett Arends
MarketWatch.com
Friday, October 4, 2013
Grab any Wall Street trader in a bar, or any portfolio manager in his office, and he's likely to tell you gold is finished.
Hong Kong radio interviews GATA secretary
Submitted by cpowell on Fri, 2013-10-04 01:58 Section: Daily Dispatches1:53p HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
Your secretary/treasurer was interviewed for a few minutes today by Bryan Curtis of the daily "Money for Nothing" program on Radio/Television Hong Kong's Radio 3 station. The segment can be heard by activating the link at the bottom of the "Money for Nothing" program's page at the RTHK Internet site here:
Ross Norman: Gold -- the Silk Road redux
Submitted by cpowell on Fri, 2013-10-04 01:47 Section: Daily Dispatches1:44p HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
Lawrence Williams: GATA's once-fringe views are mainstream now
Submitted by cpowell on Thu, 2013-10-03 18:39 Section: Daily Dispatches6:37a HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
MineWeb's Lawrence Williams' new commentary, "Gold Trading or Gold Hoarding -- Which Will Win Out?," acknowledges growing recognition that GATA has been right all along about central bank efforts to suppress the price of gold.
Higher interest rates bullish for gold as they signify inflation, Barron says
Submitted by cpowell on Thu, 2013-10-03 18:19 Section: Daily Dispatches6:13a HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
Gold mining entrepreneur Keith Barron tells King World News that higher interest rates are bullish, not bearish, for gold insofar as they signify higher inflation:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/3_Th...